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  US wants to ensure India's data localisation plan doesn't stymie growth in transactions: Mnuchin

  World | December 06, 2019 15:33 IST

  Data localisation is the practice of physically storing data on servers located within a country’s territory. The Reserve Bank of India had, in April last year, asked payment firms to ensure their data were stored exclusively on local servers, setting a tight six-month deadline for compliance.

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  RBI may cut interest rates again to support growth

  Business | December 01, 2019 14:43 IST

  RBI has cut interest rates on every single occasion the multi-member monetary policy committee (MPC) has met since Shaktikanta Das took over as the Governor of RBI in last December.

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  Bengaluru's MG Road tops APAC list of 20 cities with highest office rental growth

  India | November 25, 2019 14:57 IST

  Connaught Place in the National Capital Region (NCR) and Bandra Kurla Complex (BKC) in Mumbai are ranked 7th and 11th in the 20 fastest growing prime office markets in the Asia-Pacific region,

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  MakeMyTrip looks to add over 10,000 alternative accommodations in India in 2020

  Business | November 17, 2019 12:25 IST

  Currently, the company has 1,70,000 bookable properties in India and overseas in the alternative accommodation segment which includes villas, apartments, homestays, guesthouses and hostels, among others.  

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  Turbulence in world politics hurting growth: Moody's

  Business | November 11, 2019 14:22 IST

    The antagonistic political environment is weakening global and national institutions, lowering the shock-absorption capacity of sovereigns with high debt burdens and low fiscal buffers, it said.  

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  India manufacturing activity growth drops to 2-year low in Oct: Report

  Business | November 01, 2019 12:33 IST

  The PMI data for October showed a continuation of manufacturing sector weakness in India, "with sales growth softening to the slowest in two years", said Pollyanna De Lima, Principal Economist at IHS Markit.

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  IMF sees Indian economic growth rebounding to 7 pc next fiscal

  Business | October 23, 2019 16:06 IST

  “We see the Indian economy rebounding from our projected 6.1 per cent growth this fiscal year to something like 7 per cent in the next fiscal year (2020). We see the factors that will support growth, including monetary policy stimulus, working their way through the pipeline,” Jonathan Ostry, Deputy Director, Asia Pacific Department at the IMF, told reporters.

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  India has worked on fundamentals, but problems needs to be addressed

  India | October 17, 2019 23:12 IST

  The International Monetary Fund on Thursday said though India has worked on the fundamentals of its economy, there are problems, including the long-term drivers of growth, that need to be addressed.

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  Bank credit growth slows to 10.24%, deposits at 9.73%

  Business | September 12, 2019 20:24 IST

  In the previous fortnight to August 16, advances grew 11.64 percent to Rs 96.82 lakh crore and deposits by 10.15 percent to Rs 126.80 lakh crore.

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  Industrial output rises 4.3 per cent in July

  Business | September 12, 2019 18:25 IST

  Factory output, as measured in terms of Index of Industrial Production (IIP), had expanded 6.5 per cent in July 2018.  

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  Domestic growth of India's computer services to cut 'over-reliance' on exports: UNCTAD

  Business | September 05, 2019 10:59 IST

  "The computer services industry in India is increasingly catering to the domestic market, leveraging expertise gained from exporting while at the same time reducing an over-reliance on such exports," the report said.

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  Growth of eight core sectors slows to 2.1% in July

  Business | September 02, 2019 19:04 IST

  Growth of eight core industries dropped to 2.1 per cent in July, mainly due to contraction in coal, crude oil and natural gas production, according to a government data released on Monday.  

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  From FPIs surcharge to good news for Auto sector: Top business headlines at this hour

  Business | August 23, 2019 19:07 IST

  Following are the top business stories of Friday, August 23. Nirmala Sitharaman's much-awaited announcement on FPI surcharge is finally here along with some good news for Auto sector that was witnessing its worst crisis in decades. IndiaTvNews.com brings to you the business news round-up of the day.

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  Esri registers robust growth of 20 per cent in India

  Business | August 22, 2019 23:19 IST

  He said the GIS is critical to many of 41 focus areas identified by the Niti Aayog and several government departments are applying it to solve problems in mapping, forestry, water resources, smart cities.

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  Modi govt focused on accelerated growth led by pvt sector: NITI Aayog Vice Chairman

  India | July 18, 2019 17:19 IST

  The focus of the second term of the Narendra Modi government is accelerated economic growth led by the private sector and private enterprise, according to NITI Aayog Vice Chairman Rajiv Kumar who asserted that India will be at the "cusp of a major transformation" over the next five years.

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  Air India pilot says suspended for taking hair growth treatment; moves High Court for relief

  India | June 03, 2019 17:57 IST

  The incident occurred last year and the pilot has now challenged in the Delhi High Court the DGCA and Civil Aviation Ministry's decisions to suspend him.

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  Cash transfer to farmers, middle-class tax relief to boost growth: Moody's

  Business | February 05, 2019 17:28 IST

  It said that while the middle-class tax relief will weigh somewhat on direct tax revenues, GST collections will continue to pose risks to indirect tax collections if they fall short of budgeted expectations.

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  In major win for Donald Trump, US economy surges to 4.1 per cent growth in Q2, fastest hike since 2014

  Business | July 27, 2018 21:48 IST

  US President Donald Trump cheered the numbers, holding an impromptu press conference outside the White House to tout the "amazing" growth and said "this is just the beginning".  

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  Wipro Q1 results: Software major records Rs 2,094 net profit in 2017-18

  Business | July 20, 2018 21:22 IST

  The company's global IT services business contributed Rs 13,700 crore, registering 5.2 per cent annual and 2.2 per cent sequentially growth.

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  India outpaces China, retains fastest growing economy tag with GDP growth of 7.7% in Q4

  Business | June 01, 2018 10:12 IST

  The economy grew at the highest rate since September quarter of FY17, ahead of the demonetisation drive that began in November 2016.